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Moly Mines Limited T.MOL



TSX:MOL - Post by User

Bullboard Posts
Comment by vlieton May 21, 2008 9:17am
313 Views
Post# 15092959

RE: 3,95AUD = 3,75CAD

RE: 3,95AUD = 3,75CADWhen MOL runs it runs for awhile.  Getting in and out is very tricky with MOL.  During the last several months selling on any strength would have allowed you to buy back in cheaper but those days won't last forever.  On MOL's first big run from $1 to $7 there weren't a lot of pull backs.  I tried to play the game of selling into the strength and buy back on pullbacks but I ended up worse off than if I just held my original shares.  The pull backs happened much later than many stocks and were not as severe.  You saying it will gap down big means you are now out.  I wouldn't be out of any resource related stocks for the next month or so as it looks like the insanity of the last year is losing it's grip.  The best companies are starting to move again.  Some of the fluff is also starting to move but they will be the ones to lose all their gains later on.  Only the strong survive long term and this is definately a strong company.
Bullboard Posts